Buying vs. Leasing a New Buick or GMC
Searching for a new car always comes with a series of choices. You’ve already made the decision to acquire a new Buick or GMC model, but should you buy or lease the vehicle you selected? This is where our experienced team of financing experts come into play. We will help guide you through the processes of buying or leasing, while comparing and contrasting the advantages of both options. Everyone’s financial situation or lifestyle is different, so our goal is to find the solution that works best for you.
Vehicle Ownership vs Leasing
Take the time to get to know the different new GMC and Buick vehicles that you'll find on our lot. Narrow down your choices and find the perfect fit by scheduling a test-drive at our GMC and Buick dealership in Huntsville, AL. Once you’ve made your decision, you can sit down with our expert Buick GMC financing team to discuss all specifications related to buying or leasing a vehicle -- ownership, down payments, monthly payments, mileage limits, maintenance, customization and other factors. We’ll ask the appropriate questions to ascertain the information needed to figure out whether buying or leasing is the best fit for you. We want you to leave our lot in not only a brand-new Buick or GMC, but also feeling confident and satisfied in your purchase.
| Category | Buying | Leasing |
|---|---|---|
| Ownership | Vehicle is in your name, and once the terms of your finance agreement are fulfilled, you own the vehicle! | Subject to terms outlined in your lease agreement, you will have the option to purchase the vehicle, trade it in, lease a new vehicle or turn it in. |
| Down Payment | In some cases, the down payment can be higher for buying when compared to leasing. | While down payments vary, they are generally lower than buying. |
| Monthly Payments | While monthly payments may be higher than leasing payments, you are paid in full at the end of your term. | Monthly payments are lower and often come with added benefits, like Guaranteed Asset Protection (GAP) from GM Financial. |
| Mileage Limits | There are no contractual limits on mileage. | Based on your driving habits, you can set mileage limits in your lease agreement. However, charges may apply if mileage limits are exceeded. |
| Maintenance/Wear | You control and pay for all the maintenance your vehicle receives, and can customize it as you wish. | Per the lease agreement, you may not make any changes to the vehicle’s appearance. Additionally, you're typically required to service the vehicle according to GM’s recommendations. |
Would you like to learn more about the advantages of buying vs. leasing a new Buick or GMC model? Visit Bentley Buick GMC in Huntsville, AL, to test-drive the vehicle of your choice. Once you’ve made your decision, we’ll figure out how to best pursue your purchase financially. We look forward to working with you and helping you acquire the Buick or GMC of your dreams!
View Specials